Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I think that the Globalization 2.0 is dead as the dodo.

I agree.

My analysis, in case you didn't know, is:

Globalization 1.0 - Decentralised but Disconnected, with "market presence" being physical;

Globalization 2.0 - Centralised but Connected, with market presence through intermediaries;

Globalization 3.0 - Decentralised but Connected - with market presence being a "network presence".

But there is to be no such thing as society.

Nope. It's as our Conservative leader "Dave" said, contradicting Thatcher:

"There is such a thing as Society; but it is not the State".

There is to be no connection between individuals that occurs outside the context of the market.


But "Peer to Peer" markets - without intermediaries extracting value, but with service providers adding value - will not be Markets as we know them, Jim.

Imagine a Market without Profit - because within a consensually agreed Partnership framework there is no Profit and No Loss.

Imagine a Market where it is in participants' interests to be transparent, and to cooperate, because they know that they will thereby create more value for themselves while also creating more for others.

A Pipe Dream?

I don't think so: I believe the basis of a new Globalization 3.0 is already emerging, because it is in fact "What Works", and those enterprises - whether "Public" = "State" or "Private" = conventional Corporate - who do not use these methods and frameworks are at a disadvantage to those who do.

When it comes down to it, I think the truth is that "Ethical is Optimal".

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Fri Aug 15th, 2008 at 10:19:31 AM EST
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